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clear yesterday that he is open to new ideas. the u.s. cannot afford tax cuts that were passed 10 years ago -- over 10 years ago now. he feels that the most fair way to pick our revenue shortfall is by raising revenue from the very top. >> explained to everyone, if you can. under balsams and, it was predicted that we have -- bowl es-simpson, it was predicted that we would have 16 trillion dollars. even if you have that, why is that ok to have 22 trillion dollars of debt at in 10 years? by the is that considered still a good thing to do? -- why is that considered still a good thing to do it? >> the best capacity is the size of the debt relative to the economy. what the president has proposed is to put us on a path where the debt is stabilized and we are coming down relative to gdp. >> it is still 100% of gdp. >> i would explain a little bit about the numbers. that is the 16 trillion dollar figure that you mentioned earlier. i do nothing that is inappropriate way of measuring our debt. it is not the measure of that that is economic relevant. >> ten or 12? >> closer to 12. >> ok. the unemp
u.s. ambassador to pakistan the ambassador to the united states and former adviser to hillary clinton. hosted by the world affairs council of america, this is 45 minutes. [applause] >> is a great pleasure to be here with such a great panel, three ambassadors and one globally renowned journalist and scholars. so i've been told there have been a lot of questions about pakistan and afghanistan so far and i think we have a first-rate panel to start dealing with them. what i'm going to do in terms of focusing the discussion is i'm going to key off with questions to each of our panelists, one each and allow for a little bit of follow up and then i will open the floor to use and you will have more time to engage with them. let me begin with ambassador munter. you already got his bio, but i think in some ways he is almost uniquely positioned to provide us a very recent perspective on what pakistan looks like in the united states to official american advisers and diplomats and also the u.s. pakistan relationship during what was an exceedingly difficult and trying time which is no refle
is president and ceo of the windstream corporation, he is also chairman this year of the u.s. telecom trade association. he's been our guest on "the communicators" along with paul barbagallo of bloomberg. gentlemen, thank you. >> guest: thank you. >> just ahead, a series of discussions by the world affairs council of america exploring national security issues facing the u.s. up first, former national security adviser steven hadley. he talks about the economic impact on national security. then a panel of former ambassadors discusses relations between the u.s. and pakistan. after that former middle east envoy dennis ross talks about iran, israel and u.s./middle east policy. and later, a look at the aftermath of the arab spring including the ongoing syrian civil war and the challenges facing egypt after its revolution. >> later today, singers and musicians roger daltrey and pete townsend of the who will be at the national press club to talk about the program they co-founded to help improve the lives of teenagers and young adults with cancer. they'll also discuss their plans for a new initiativ
in the southwest, been in the u.s. since the was basically took half of mexico. and the new latino population which is foreign-born, 40% foreign-born, and the rest of the children of immigrants. very conservative. i know when asked about government they may give answers that are not extraordinary, but sometimes we get tangled, caught up with polls. resort have seen in this election cycle. and i think with latinos we cite polling with specific issues but is that a better understanding of where they're coming from you will get an understanding of why they're answering the questions that way. but i believe with the latino community, we lost the latino vote because of immigration. if we would have a better position on immigration, from the get-go, from the primary governor romney would've been competitive and it would've been competitive in those battleground states where the latino vote was decisive. and, finally, we have to stop being rockefeller republicans. we are not the party of the 47%. you know, when governor romney said what he did last week that obama won because it gives to latinos and other
and caused the worst offshore oil spill in u.s. history. the payment includes $4 billion related to criminal charges, including $1.2 billion in criminal fines, as well as half a billion dollars in payments to securities regulators. attorney general eric holder said thursday the settlement broke two records. >> bp has agreed to plead guilty to all 14 criminal charges, including responsibility for the deaths of 11 people and the events that led to an unprecedented environmental catastrophe. the company has also agreed to pay $4 billion in fines and penalties. this marks both the largest single criminal fine, more than $1.25 billion, and the largest total criminal resolution, $4 billion, in the history of the united states. a >> critics say even their record numbers reflected in the settlement represent just a fraction of bp's profits and will not be enough to deter future disasters. public citizen called a settlement that the attic and a slap on the wrist, noting the deal did not prevent bp from continuing to receive lucrative government contracts and leases. under the settlement, bp agreed to
. unbelievable. where should you put your money to work? you say this not here at home, it is by the u.s. >> mention a couple of stocks, disney and apple. no reason to pick through the rubble. the s&p 500 stocks are fairly priced. look at the u.s. as a whole, are looking to eke out 2.5% gdp. if you look at the emerging market for the last year and a half they have significantly underperformed the s&p 500, valuation is cheaper than the s&p 500 and if you look at a place like india, that is investors dream. the median age over 25 compared to 37, 38 for the u.s. growth rate coming in around 7% over there, the emerging middle class going from 100 million to 600 million by 2025. just investing in $2 billion in united spirits, that is a consumer you want to tap into, plenty of opportunity for long-term growth, much cheaper multiple than what you are finding on the shore. david: ticker symbols, epi, and china broad-based. it is great to see you. very good advice, thank you very much. >> thank you both. sandra: would have a top strategist that says the gold craze is on the way and the best way t
- door hearings about the september 11 attack that the u.s. consulate in libya. then the senate armed services committee confirmation hearings to lead u.s. and nato forces in afghanistan. then a national security adviser previews the upcoming trip of the president 2000 -- southeast asia. former federal reserve chairman alan greenspan and paul volcker are part of a forum on the so- called fiscal cliff, the impending budget cuts and tax increases that start in january unless congress reaches a deal. we bring that to you live, starting 8:15 on c-span 2. the house and senate intelligence committee held meetings looking into the libya. -- the attacks in libya. acting cia director and the intelligence directorate among witnesses. next we hear from house select intelligence committee ranking member, diane feinstein and the vice chairman. this is 20 minutes. accent? i think what is important about the hearing is the fact that members of the intelligence committee were able to get a lot of facts. i think what really occurred as far as benghazi was concerned, we went through a timeline. we went
and israel are the top recipients of u.s. foreign aid. what kind of leverage does the u.s. have? >> president obama has pledged $1 billion in aid to the egyptian government. that money is incredibly important to the egyptians. their economy has been faltering. in addition, the egyptian military receives almost $1.3 billion per year from the united states. in addition, the egyptian government is looking for support from other actors, like the international monattorney fund and the european union. so all of that-- the money that the egyptian government needs, the u.s. leverage to try to get the egyptians to bring peace to to conflict. >> brennan: juan zarate, thank you. >> thank you. >> brennan: in egypt today, at least 49 children were killed when a train smashed into a school bus. 1190 miles sowpght of cairo. the force of the crash broke the bus in half, and the destruction made it difficult to count and identify bodies. the man in charge of closing the gates at the crossing has been arrested. authorities say he was sleeping when the bus crossed the tracks. two oil workers remain lost at sea
. i will tell you here and now that is not going to happen. we will still have u.s. troops in afghanistan one year from now two years from now, five years from now. where is the press? obviously, these are not issues that the people who run on these programs today -- >> why not? >> because they do not draw an audience. what draws an audience is charlie sheen. what draws an audience is people yelling at each other. it is not enough to say these issues are important. if we actually -- i know it sounds totally idealistic, but when you and i became journalists as young men, we actually believed that we were entering, really, a special, chosen profession that meant something to a democracy. >> we called it a calling. >> a calling, exactly. >> exactly. word of honor, i never thought i was going to get rich as a journalist. you do not go into journalism to become wealthy. >> the changes we are talking about, you have already touched upon the affect it has on our society, on the business itself. value systems change. i am not saying we can ever return to the good old days. that is
former cia director petraeus. the current commander of u.s. forces in afghanistan, his name is john john allen, is now being investigated. he is accused of sending, or being involved with thousands of e-mails with jill kelley. she is the florida socialite who led the fbi to petraeus. steve handelsman is on capitol hill with more on this. >> thanks. good evening from capitol hill. coincidentally, general kelley is not in afghanistan tonight. he came here to washington for a hearing that was to be held tomorrow. it has been put off, day after tomorrow on, what allen still hope will be his promotion to a better job. instead, his reputation is being called into question. general john allen, u.s. commander in afghanistan, was on track to be nato commander until the disclosure that he is under investigation by the pentagon. jill kelley, a socialite in tampa and general allen allegedly exchanged e-mails and documents that were called inappropriate. allen insisted there was no affair. kelley's complaints that she was getting harassing e-mails led the fbi to paula broadwell and the affair between
, and if we don't tackle these threats, the u.s. and other nations will pay the price in the form of lost economic growth and development, stifled innovation and social progress and diminished opportunity. so i will describe those threats and talk about what needs to happen for us to keep the global internet on the right path. to harness the opportunities new communications, technologies to benefit all. there's a lot that about the relationship between communications technologies and world events, but in some important ways the relationship between the mutations, technology and world history has always been a profound one. the printing press was a new communications technology that changed the world. it won't take us back that far, but for a few minutes i will take us back 50 years to a powerfully important speech given by an fcc chairman in 1961. that made president john f. kennedy's. , newton minnow, spoke to the national association of broadcasting. his speech generally remembered for the declaration that tv had become a vast wasteland. but the speech, and i recommend reading it was ac
before we did the plan, the u.s. was a system of mexico with $36 million. here we are, this neighbor that's so important to us, we're assisting. at the same time, the united states will give 25 #% of all the foreign aid that we do, a lot of money. israel, egypt, pakistan, iraq, and afghanistan. nothing wrong with that, but we have to work with our frens to the south. we put in 1.4, and with additional money, it's $1.9 billion. for every one dollar we help with mexico, they spend $13. they spend a lot of money on security. they got to -- we got to understand what they are doing. now, what we started off, we did the easy thing, buy them hell cometters, buying this, and e worked with george bush, and filed the first legislation before bush talked about the plan because i felt that strongly about helping mexico, but nevertheless, we worked together. we did the easy thing with mexico, the helicopters and the planes. the hard part is this is we got to start training or billing the capacity, the prison systems, the prosecutors, the policemen. we're working on it at the federa
messages. last year, you have a press release that said the u.s. has not seen any spillover violence. saying that when we are acknowledging that our law enforcement has been engaged in a gun battle. we have had people killed. narcotics have been caught. that is what is competing this. we need to recognize it for what it is. transnational criminal organizations -- we cannot pursue them across the international border. we will put what ever it takes to defend the sovereignty -- >> he made a point that there was a bill to fund more border patrol agents. i think it is well-known that republicans in washington do not like to spend a lot of money. his comments were that members of your own party do not want to fund this initiative. >> people are tired of blaming parties. >> that is exactly what i just said. [laughter] before you did that, you blamed republicans. [talking over each other] >> i acknowledge that president bush and president obama have increased the number of border patrol. i acknowledge that we have an increase of resources. when you have a disparity of resources in other sta
to equip the new immigrants with the skills they need to make it in the u.s.. for example as richard mentioned by making sure that they and their children receive effective english language instruction. we tend to talk a lot about what to do about illegal immigrants who are already here whether to provide them with what some people call the legalization and other people call amnesty and on both sides lot of the arguments or moral. one group suggesting legalization would erode the rule will fall and another saying it's the status quo that undermines the rule of law and decides that he man to lead to a humanitarian duty to regulate the status of the people who come here over the last few decades. well, my own reading of the polls is that the answer is that people give to a lot of questions depend a lot on the wording of the question which suggests to me the polls are useful for identifying some impulses that are strong in the public and not so much for finding specific policies. the impression i have is that most people are not opposing the principal to allowing people who've been here
: it is a busy news morning. the u.s. is officially getting involved in the mideast fighting. secretary of state hillary clinton is en route to meet with prime minister benjamin netanyahu as the u.s. embassy attacked this morning. we have leland on the ground. we'll go to washington with the latest details on secretary clinton's mission. >> good morning. israel and terrorist leaders of gaza exchange fire president obama is dispatching secretary clinton to the middle east it is a hastedly arranged departure from cambodia where she is involved in the ongoing summit. she plans to visit israel and ramallah and egypt because u.s. considers hamas a terrorist consideration and prohibits contact it is relying on egypt and turk yeqatar to deliver its message to the hamas leadership. >> on the trip secretary clinton will emphasize the united states interest in a peaceful out come that protects and enhances israel's security and outcome to lead to improved relations to the civilians in gaza and reopen the path for israelies and palestinians so they can live in peace and security. >> some doubt secretary cl
difficult to deal with? why is the u.s. a decade into the war unable to go on patrol with afghans? >> one of the reasons is geographical. if you look at this relief map here, the border between afgh afghanistan and pakistan is very artificial. i've crossed the border many times. every time illegally. and the mountains that descend from the high table land of central asia to the steamy in this river valley, it's a very gradual descent. it's the same indough-islamic civilization on both sides of the border. so the sides that the u.s. military and diplomatic core is going to make two separate well functioning states out of it is somewhat adverse to geology. >> what's really going on, we tlinch are good guys and bad guys but there are guys the pakistans supports, the guys that india has sup pored, the russia has intended -- >> india is a big player here, fareed. because if you look through indian history from the guptas to the mull rans, the moguls, the dynasty, others, what you see is for many periods of indian history or sub continent history, the same empire that controlled the northern th
, will be the first for a u.s. president. >>> the victory between hamas and gaza will come up. the white house is keeping a close eye on the conflict as israeli troops mass near the border with gazatop tom foreman looks at the fire power in place. >> let's look at how the battlefield is shaping up. about the size of new jersey. 7.5 million people. 70% jewish. unemployment below 70%. gaza really small. only twice as big as washington, d.c., predominantly palestinian and employment is bad. globalfirepower.com has called israel the tenth most popular military in the world. compulsory military service. every young person must go into the moilitary for a while and they have a half million that they can call from the reserves very quickly. ground forces also very impressive. if you count the artillery pieces and mortar, you can get 12,000 forces on the ground. 800 aircraft out there, including some 200 helicopters. this is largely what they used to have these strikes within gaza. now, if you look at hamas, their forces are much smaller in terms of their official forces certainly. if you look at peop
prosecutors from the criminal division, the environment and natural resources division, the u.s. attorney community and the many talented federal and state law enforcement agents who have worked so hard for so long to develop these cases. i would like to thank our colleagues at the securities and exchange commission for their important parallel investigation. with that i would like to turn it over now to my friend and colleague, the director of enforcement at the f.c.c. thank you. >> thank you. i'm director of enforcement at the f.c.c. today we are announcing that b.p. has agreed to pay more than a half billion dollars that it misled investigators about the rate of oil flowing during the deep water horizon disaster. the $525 million penalty represents the third largest civil penalty ever assessed and those funds will be used to compensate harmed investors for losses sustained from this fraud. b.p. misrepresented in f.c.c. filings that the oil spill flow rate was estimated to be up to 5,000 barrels of oil per day and that was the current estimate. in fact b.p. was in position of numerous a
defense system. u.s. lawmakers are closely following the developments. >>> the united states of america has got to push as hard as we can to resolve this israeli/palestinian issue. so many events are making that process go forward. >> senator mccain goes on to believe he thinks the u.s. should send a high-ranking official. >> this is the first visit ever. coming up at 7:15, the other history-making stop on the president's stop. >> three people have been arrested now in connection with the death of a homeless man in santa cruz. police say the body of the 51- year-old victim was found late saturday night. he was pronounced dead at the camp site south of depot park. shortly after police say they found the suspects, jeremiah long, michael hudson and shaland gonzalez. they were booked for murder. the oakland tribune says the police union filed a harsh critique in court. the union also claims internal affairs investigators resulted in injust -- resulted in unjust charges. a judge will hear arguments about whether to appoint a federal receiver. >>> volunteers are preparing to serve holiday mea
. on the edge of the square, the clashes began release today. protesters in threw sticks at the u.s. embassy. the police responded with tear gas. hear, the casualty toll is widening. these protesters are furious with the president. many fear he wants to turn the country in to listen now -- into an islamic state. some of them are kids looking for a fight. politicians linked arms. among them, a nobel prizewinner who has called the president and new faro. it turned into one of the biggest demonstrations since the revolution last year. >> the egyptians are not any more afraid of the authority, of the power. they have the courage to declare their desires and their demands and to work and to sacrifice to achieve their demands. >> and barely a year after the last revolution, egyptians are demanding the president should go. and there is no sign when or where this confrontation will end. >> for more on the unrest, i spoke a short time ago with the director and president of the woodrow wilson international center for scholars. she has returned from cairo. you have been there three times, while we're s
and democratic attorney general. one of our two u.s. senators was an independent, elected twice. an independent missed winning the governorship by 15,000 votes over a million passed in 1973. we were the ticket splitting capital of america. we have cents settled back into partisan voting with the rest of america. this is a very polarized era. having said that, when you have close elections you still have a band of voters who will mix and match on the ballot, either because they want to mix and match or they are simply reacting to the individual candidates. in the case of romney and kaine, i have personally been in situations where straw votes were taken among large groups and you generally find you have 3, 4, 5% of the romney boaters picking tim kane for various reasons. some of these romney voters are more moderate republicans and the like tim kane better than his opponent. are there similar voters for obama and george allen? i am sure there are. i never met one of them. but i will say this -- george allen, despite what happened in 2006, he has won from time to time in running for statewide off
any talking points at all to susan rice the u.s. ambassador. and, i'm sorry, the u.n. ambassador for the u.s. and says he almost knew immediately this was a terror attack. what he tells congress behind closed doors today should be interesting to shedding some very credible light on what happened there. he was in charge at the time. visited, recently, even after, this whole scandal was coming to light. so, fascinating to be a flay on that wall today should be interesting. >> he is reportedly very eager to disseminate information and discovery over in libya and to share the time line of events as well. >> indeed. we will stay on top of that. >>> fighting between israel and palestinian has come to a temporary halt. israeli officials agreed to stop the wave of air strikes on gaza while the egyptian prime minister visits. >>> there is hope that egypt's leader will be able to broker some sort of truce between hamas and israelis. earlier 100 missiles landed in gaza bringing the death toll there to 19. >>> a record settlement for the worst environmental disaster in u.s. history. bp will
of guard and reserve and u.s. army reserve. i mean guard, and active reductions as we go forward. how do i look at this? this characteristic that is important. people get confused with what is going on in the last five years and what we want to have in the future. in my mind, what happened in iraq and afghanistan is exact to how we have designed it to happen. the active component responded initially and was able to get things established and then as we needed more depth we were able to move into the national guard and u.s. army reserve to help us and it's gained that now significant amount of experience. that works very well. the ways we are organized now in the army, there are some reserve and national guard units that have to be ready to deploy very quickly. those tend to be combat service support outfits and combat support outlets that require much less training capability because the guard and reserve, the issue is time. it's not money, it's time. they only have so much time to sustain regiments to the characteristics of an active component is rapidly deployable, higher readiness able
forcefully placed. so everything looked shiny and fine until the u.s. government -- it was in spring of 1997, through madeline albright made the statement at george mason university, well, it looks like sanctions are -- disarmament is going well. if it goes well we can still not lift the sanctions which was a condition under the security council. sanctions -- so we can't lift the sanctions until saddam hussein is removed. so that came my obsession with the regime change. that, of course, destroyed in the sense the institution and operations. so i think that experience -- could havi annan led the group to see if they can re-establish something similar and this report of which has not been very much observed. i think we have ideas for iran. that will give really intrusive inspections. it will give the right for the international community to go where there is concern. not where iran is declaring. but then to pay for that is to lift the sanctions. and then we can have an outcome. and let the iranian people take care of it. it's not for the outside to do the regime change. >> thank you. we'll ta
. >>> tear gas in cairo near the u.s. embassy as the fight for democracy goes on. >> face to face. susan rice and john mccain, the man who wanted watergate style hearings, meet. and only cnn catches up with mccain before the big meeting. >> what do you have to learn today from miss rice? >> whatever ambassador rice wants to tell me. she's the one who asked for the meeting. i didn't. >> wouldn't you like to be a fly on the wall? >>> spyfall, real-life bond movie. yasser arafat's body was exhumed. was the palestinian leader po h poisoned by israeli spies? >>> plus this. >> you said walden is in trouble. >> i'm the trouble walden has been in, repeatedly. >> he calls it filth, the half in "two and a half men" begs you not to watch his show. "newsroom" starts now. >>> good morning to you. thank you so much for being with us. i'm carol costello. we begin with a high stakes meeting just minutes from now. this hour, the u.s. ambassador to the united nations will muster all of her diplomatic skills and tiptoe through a political mine field. susan rice meets with republican senator john mccain. as you
in the u.s. economy for you? it makes no sense. they go away and compete against us rather than innovating and creating jobs here. then i took a closer look at what the republicans are actually proposing. they haven't turned the corner at all. in fact, they haven't even stepped out of their houses. they certainly didn't learn anything from the last election. the stem visa bill on the house floor this week was actually voted down in september. it was introduced with a few changes and no consultation with democrats. i want to find a bipartisan solution on immigration. i'm committed to it. i know it won't be easy. they say a journey of 1,000 miles begins with just one step. the problem is my colleagues on the other side of the aisle want to take one step and have the democrats travel the other 999.9 miles. certainly this bill isn't even a step it's a shell game. it's the same problem that the stem bill in september had. it holds visa from a legal immigration program that works over to a new visa category where there may or may not be sufficient demand to use those visas each year. immigration
. meanwhile, u.s. officials moving to deescalate the rising violence, advising israel not to enter gaza, fearing it could draw egypt in to that consulate. and joining us the consulate general, good to see you ambassador. >> thank you for having me. >> dave: the latest what we just said. benjamin netanyahu told the cabinet he's ready to significantly be expand its operation in gaza. is israel prepared for a ground invasion into gaza and what could incite that? >> look the mandate from the inception was to remove this strategic threat posed by thousands of rockets on israelis-- innocent israelis paralyzing our entire southern region. so the goal was to remove that threat and the mandate given to the defense forces from the government was not limited in time nor in scope. so in other words, the possibility of israel moving in with ground forces certainly exists, it depends how the operation develops on the ground. right now, hamas is firing rockets. hamas is still displaying a tremendous degree of aggression towards israel and the purpose of this operation is to eliminate that threat. >> m
't out shop having to go back to work today. the u.s. markets will be open for a shortened trading session. looking ahead next week could get off to a bumpy start. 7 of the past 10 post thanksgiving mondays were down days for the dow. >>> asian shares were on course for their best gains in two months after manufacturing surveys from the world's biggest economies raised hopes for improving global growth. >>> facebook wants to stop letting users vote on changes to its private policies. the social network is concerned about the quantity versus quality of feedback generated by the current setup. the company says users will still be able to weigh in during a seven-day comment period. >>> the u.s. post office is hoping to cash in on the season's bounty of online shopping with same-day package delivery. same-day. the expedited service will be tested in san francisco next month and then if it's successful, the program will expand to other big cities like boston, new york and chicago. >>> most americans celebrated the thanksgiving holiday with family, friends and some football. about 68,000
in gaza step up attacks against each yoer. >>> plus, at any minute now u.s. attorney general eric holder officially announcing a record fine against bp to settle criminal claims over the gulf oil spill. we'll bring that to you live. maybe your bank account is taking too much time and maybe it's costing too much money. introducing bluebird by american express and walmart. your alternative to checking and debit. it's loaded with features, not fees. because we think your money should stay where it belongs. with you. the value you expect. the service you deserve. it feels good to bluebird. get it at your local walmart. [ male announcer ] are you on medicare? do you have the coverage you need? open enrollment ends friday, december 7th. so don't wait. now's the time to get on a path that could be right for you... with unitedhealthcare medicare solutions. call today to learn about the kinds of coverage we offer, including aarp medicarecomplete plans insured through unitedhealthcare. these medicare advantage plans can combine parts a and b, your hospital and doctor coverage... with part d prescr
, making himself a pharoah. what happened before and after u.s. navy s.e.a.l.s. did in the moments before killing osama bin laden. >>> wolf blitzer's off today. i'm joe johns. you're in "the situation room." >>> we begin with today's astonishing show of fury in egypt. within the past hour egyptian authorities tear gassed protesters in cairo's tahrir square. angry demonstrators packed the square today denouncing egyptian president mohamed morsi as a dictator and accusing him of a power grab. cnn's reza sayah is in cairo. reza, what's it look like now? >> reporter: joe, it is 11:00 p.m. cairo time. these demonstrators started gathering around in tahrir square about 1:00 p.m. local time. that means they've been going strong for about ten hours. many thought maybe egyptians were worn out, tired of demonstrating after the 2011 revolution, but if you look at tahrir square today, if you look at cairo today, it doesn't seem like it. the demonstrations are continuing. so are clashes. about an hour and a half ago clashes taking place right where we are behind us at the hotel we're staying at. secur
, but that all changed for me in october of 2008 when i got a call from my boss, u.s. attorney, mike garcia. he called me in the office, and i have the oh, my god, it's the principal's office feeling in the pit of the stomach. he handed me a printout, special inspector general, it was a piece of the legislation that congress passed authorizing treasury to borrow $700 billion to rescue wall street, bail out the banks, put us on a path supposedly to economic recovery. this piece i was not aware of was when they passed the law, congress created a brand new agency. when mike explained to me what was the agency was going to do, two functions, one a law enforcement agency, a fbi for the t.a.r.p. with guns, badges, special agents, knocking down doors, executing search warrants, taking criminals out of their homes, putting them in cuffs, and in jail. congress realized pushing out so much money it was inevitably going to draw criminal flies to the government honey, and they needed a law enforcement agency to protect the money. second was oversight to bring transparency giving reports to congress and to
predicts u.s. will be the world's top oil producer in five years all but self-sufficient in energy in 20 years, major reason increased production of shale oil we are doing better with keeping up with mortgage payments. percentage of those two months or more behind is now the lowest in more than three years. top british journal says no evidence tamiflu works. dozens of governments around the world stopped it in case there's another global flu outbreak world health organization is convinced it works the journal >>> beautiful picture from the sutro tower. high clouds and sun warmer weather on the way. >>> chevron has found a way to get around costly clean air requirements. the plant was damaged in august by a fire that sent a black cloud into the air several thousand sought medical attention. chevron has told the air quality management district it intends to repair not replace the damaged unit that means they will not be required to install new equipment chevron says it will voluntarily reduce its emissions with >>> people looking for a job may find help at a job fair in concord today spons
commander in iraq. talking about the changing structure of the u.s. army. that's set to start at about 10:30 eastern here on c-span. just a short while ago, president obama farthered the white house this morning on his way to wisconsin with just a few days until the election, the president is returning to the campaign trail after placing his campaign on hold for the past few days to manage the federal response to hurricane sandy. the president holds a rally in green bay, wisconsin, this morning before heading west for an eempt later today in las vegas. you can watch both those events live on line at c-span.org. tonight at 9:00 eastern, the president will be speaking to supporters at the university of colorado in boulderment you can watch that live right here on c-span. mitt romney is campaigning throughout virginia today. he'll be in roanoke, virginia beach, and this afternoon in doswell just outside richmond. c-span will have live coverage of that stop beginning about 2:15. also live a rally with mitt romney's wife ann. that will be at noon eastern. she's speaking with supporters in colu
break out before you eat the meal . >> steve: thank you very much pop eye. five-days before the u.s. election . anything is happening and waiting for an october surprise and this probably would have been it if we had known about it one of our predator drones was fired upon by a couple of iranian fighter planes. they squeezed off two volleys of machine depun fire. first time iran has shot at our aircraft . but it is clearly an act of war. they were asked about it yesterday. curious timing before the election and we are finding out about after? >> it is before the election, the white house give you any guidance as to whether give you information. >> i have said this two or 3or four or five timings . we don't comment on classified missions and i will not get in to discussions that occurred between this department and the white house. they were informed early on. >> using the cover of classified. and you know, if you will recall, this time shots fired. it was not shot down. last time wen the drone was shot down the american public didn't know until the iranian media released pictures of
reached that point, make or break. martha: the u.s. embassy in tel aviv. a man with a knife and an ax went after a security guard. they are saying this attack has nothing to do with the gaza conflict but is personal in nature. bill: there are dramatic details on the e-mails sent by david petraeus' ex-mistress to someone she thought was her rival. her notes threatened to quote make kelley go away. the bureau soon tracked the e-mails to broadwell fan quickly discovered the affair so we all know now publicly. martha: paula broad well also had a run-in with a freelance photographer trying to get a picture of her getting into her car. she swung the car open and hit the camera and the camera hit his face and left a bloody mark. broadwell said, sorry, as she drove away. the maker of twinkies and its striking unions have agreed to meet with the judge and he will try to broker a new contract. the standoff began when the company proposed wage and pension cuts. fit was unable to reach a deal that's where we ended up where we were 24 hours ago. the deal included an 8% wage cuts. earlier this year host
the u.s. right now. and it has been building for decades. it is not something new. it's not a recession. it is is sapping the ability of the american economy to grow and it is topping -- zapping the ability of the average american to rise. until we look at the major core issues that are making the u.s. more attractive to business, we will go back to the fiscal cliff discussion over and over again. unless we can get our economy really moving and growing in the long run, these will just occur over and over again. we identified eight areas, as you mentioned, where we find there is broad consensus where we believe these things would really move the needle in a reasonable time frame, two, three, four years. there is some real bipartisan support. the first is the need of a sustainable budget compromise. that is widely accepted by all. two, easing on highly skilled immigration now. yes, when a broader immigration reform, but this is one of the abilities to really move rapidly to inject skills and to the economy and fill jobs badly need to be filled to sustain our growth. it is not a long-term
of the events on the attacker the u.s. consulate have been riddled with discrepancies starting soon after the american dead and survivors led behind a charged compound and the bullets guard cia building in benghazi. how confident are you in the white house team? president obama defended yesterday amid criticism he received for poor performance given the issue. let's take a listen to some of the criticism that has been employed. this is on the senate floor yesterday. john mccain called for the select committee to investigate the attacks. [video clip] >> why is it that anybody including our ambassadors to the united nations would believe spontaneous demonstrations are composed of people with mortars, rocket-propelled grenades, and heavy weapons? nobody believes that. why did president obama insists that he labeled the defense an act of terrorism on september 12 when we know now -- i repeat, we know now in an interview on the same day he refused to characterize the attacks in this way and spent two weeks putting the emphasis on a spontaneous protest to a hateful video including in his addres
. on a national basis, if x sales are in the u.s., x percent are taxed in the u.s., period. ten% of your global sales and to the united states are taxed. >> what is wrong with that idea? >> i would have to look at the arithmetic. what we are doing now is in the face of what every country does. it provides very strong -- american corporations probably have something close to $2 trillion abroad in funds that they do not want to bring back. they will instead find ways of buying companies abroad are opening new plants abroad because the penalty for bringing it back is often high. if our corporate income were down, the penalty would be less. we want to somehow get around that said they feel free to bring it back. >> what is your take on the issue and is there a windfall coming back to the united states? we have had a lot of business folks say we're going to put this money to use if you drop this and we can repatriate this money. >> temporary repatriation. the economic studies suggest and has little to no impact on observable economic outcomes. abbas just the evidence is it would not [indiscernible]
will experience the largest tax increase in u.s. history. amid so much economic suffering, raising taxes would have a devastating impact on our economy. we cannot let this happen. republicans believe this is an opportunity to finally solve problems thatwill washington has ignored. whether it is the tax code or entitlement programs that are on a path to bankruptcy, no more short-term mandates or excuses. we can do this right. we can pass on our children and economy of growth and opportunity and government that empowers all businesses and stays out of their way. a country in which everyone has a shot at the american dream. republicans are ready and eager to get to work. we hope president obama is as well. america is a country whose people can do anything and whose leaders can envision a limitless future. today, as you join friends and family, be sure to celebrate as abraham lincoln did, with a hopeful heart. america still has so many gracious guesifts for which to e thankful. >> joined us tonight with a look at the evolution of facebook. he is an engineer who advises mark zuckerberg in talks abo
republican critics and answer questions about the september 11th attack on the u.s. consulate in benghazi. rice will sit down with senators john mccain, lindsey graham, and kelly ayott. in recent days, senator mccain has softened his criticism as rice insists that she was relying on talking points from the intelligence community. last night, senator graham rejecting her defense but says he's open to today's meeting. >> she asked to meet with us and now we'll listen to what she has to say about her role in benghazi. the more i know about benghazi, the more upset i am that the consulate was even open on september 11th. when you look at the history and the reporting coming out of libya about the dangers, it should never have been open or heavily reinforced. after the attack, i think the story we were told about a spontaneous event caused by video where a mob turned into a riot is less credible than ever. >> she reportedly called the meeting. seems like a smart move. what do you think? >> well, i think it's a smart move for john mccain to take the meeting. they're boxed in. this is not a figh
need to rethink this and it is hard to amend the u.s. constitution and the electoral college is in the u.s. constitution but there may be some things that can be done short of amending the constitution that can change that. we may have that result again. we have had it in the past. it will be interesting to see what the public reaction would be if you have a split decision here. that does not have to happen but it could. >> maybe you can give us your prediction as to the winner of the popular vote and by how much and then some of the key states. it can also mention colorado and wisconsin. where are the state going to go? >> i think if obama gets 310 electoral votes, it will not be that close in the electoral college. he does when ohio and he wins wisconsin. i do not know about virginia, colorado. i was in colorado this weekend, i have grandchildren in colorado. virginia is very close in the presidential race. i think obama wynns enough so he could crack 300 electoral votes. >> for jenna is close. one thing you got to remember last time is there was a huge margin for obama. ev
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